taxes Property Tax Assistance

2022 ISD Summary Worksheet

169-Montague /Montague County

169-902/Nocona ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 228,091,560 0.9409 242,418,493 228,091,560
B - MULTIFAMILY 4,796,023 N/A 4,796,023 4,796,023
C1 - VACANT LOTS 17,117,690 N/A 17,117,690 17,117,690
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,491,280 1.2159 4,516,392 5,491,280
D2 - FARM & RANCH IMP 1,370,550 N/A 1,370,550 1,370,550
E - NON-AG LAND AND IMPROVEMENTS 120,465,320 0.9738 123,706,428 120,465,320
F1 - COMMERCIAL REAL 32,135,040 1.0047 31,984,712 32,135,040
F2 - INDUSTRIAL REAL 1,738,720 N/A 1,738,720 1,738,720
G - ALL MINERALS 7,169,360 N/A 7,169,360 7,169,360
J - ALL UTILITIES 38,698,030 0.9577 40,407,257 38,698,030
L1 - COMMERCIAL PERSONAL 7,717,358 N/A 7,717,358 7,717,358
L2 - INDUSTRIAL PERSONAL 5,007,730 N/A 5,007,730 5,007,730
M1 - MOBILE HOMES 4,814,460 N/A 4,814,460 4,814,460
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 923,580 N/A 923,580 923,580
S - SPECIAL INVENTORY 166,630 N/A 166,630 166,630
Subtotal 475,703,331 0 493,855,383 475,703,331
Less Total Deductions 98,445,660 0 105,517,350 98,445,660
Total Taxable Value 377,257,671 0 388,338,033 377,257,671

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4 T13
391,061,210 377,257,671 391,061,210 377,257,671 403,501,210


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
13,803,539 0 12,440,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
391,061,210 377,257,671 391,061,210 377,257,671 403,501,210

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

169-902-02/Nocona ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 228,091,560 0.9409 242,418,493 228,091,560
B - MULTIFAMILY 4,796,023 N/A 4,796,023 4,796,023
C1 - VACANT LOTS 17,117,690 N/A 17,117,690 17,117,690
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,491,280 1.2159 4,516,392 5,491,280
D2 - FARM & RANCH IMP 1,370,550 N/A 1,370,550 1,370,550
E - NON-AG LAND AND IMPROVEMENTS 120,465,320 0.9738 123,706,428 120,465,320
F1 - COMMERCIAL REAL 32,135,040 1.0047 31,984,712 32,135,040
F2 - INDUSTRIAL REAL 1,738,720 N/A 1,738,720 1,738,720
G - ALL MINERALS 7,169,360 N/A 7,169,360 7,169,360
J - ALL UTILITIES 38,698,030 0.9577 40,407,257 38,698,030
L1 - COMMERCIAL PERSONAL 7,717,358 N/A 7,717,358 7,717,358
L2 - INDUSTRIAL PERSONAL 5,007,730 N/A 5,007,730 5,007,730
M1 - MOBILE HOMES 4,814,460 N/A 4,814,460 4,814,460
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 923,580 N/A 923,580 923,580
S - SPECIAL INVENTORY 166,630 N/A 166,630 166,630
Subtotal 475,703,331 493,855,383 475,703,331
Less Total Deductions 98,445,660 105,517,350 98,445,660
Total Taxable Value 377,257,671 388,338,033 377,257,671

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4 T13
391,061,210 377,257,671 391,061,210 377,257,671 403,501,210


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
13,803,539 0 12,440,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
391,061,210 377,257,671 391,061,210 377,257,671 403,501,210

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

T14 = T13 plus the loss to the chapter 313 agreement